On the left we see 29 trading days from peak. On the right we see 29 trading days from peak before the historical stock market crash of 1987. It is a stock market crash fantasy because huge stock market crashes are very rare events that are most likely not to occur. That being said, IF a crash is going to occur it would more than likely *only* start very soon...
In 1930, when the Fed cut interest rates, the market crashed further. In today's tutorial, we will be comparing the 30s and today’s market to identify some of their similarities. Where exactly are interest rates’ direction pointing us? As we may have read, many analysts are forecasting that there will be a few rate cuts in 2024. Is this the best option? My work...
Since the Great Depression the S&P 500 tracks U.S. GDP, both log graphed here such that the slope of the channel is the log slope of U.S. GDP. Looking for some kind of pattern, there might be a ~33 year wave-like pattern repeating twice since 1929 and hypothetically a third time, as depicted. The likelihood of the third repetition happing I have no confidence...
chow tai fook has been showing a positive right side with huge buying on weekly TF , Rectangles can bo out in either direction , this one i tend to believe for Long trade
Timeline of major events of the Great Depression in the year 1929 overlaid with the Dow Jones Industrial Average
Just a quick post here. What if we saw a repeat of a similar pattern to what was witnessed during the 1929 stock market rise and crash that led to an extended economic depression? If that were the case, we might see something unexpected here: - an epic rise when everyone is expecting a crash, now - an epic and extended market crash after having reached the...
When market conditions change people are usually positioned for the past 10 years and think that this can continue into the future. If we know that Powell wants to be Volcker 2.0 we can assign probabilities of outcomes as follows: Period Like The 1970s: 10% Period Like 2000-2008: 30% Period Like 1929: 60% The reason i believe the 1929 period is the most...
Fed stepped in and printed money in 1929. Fed stepped in and printed money at the covid lows. Charts look identical in structure minus the new all time highs in 2021. Massive speculation at the top in 1929. Massive speculation at the top in 2021. Everyone was acting rich driving around their new Ford Model T's in 1929. Every one was driving around there new...
Free money era is gone. Wanting to buy the 100 year trendline
If we look back in history and can learn how Bubble traps peoples with fake rally. How after 53% rally market collapsed over 80% again...
Is The US market crash coming ? We have 3 types of “crashes” Correction <15% downward movement in a major indicy Bear Market <20% downward movement in a major indicy Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on. The fourth type is the 1919, 1929, 1999 and 2008 scenario that people...
DJI is continuing to follow fractal from the "roaring twenties". While it clearly shows that we are about to experience one of the biggest financial reset, we should first get the last euphoric blow of top, sending DJI into 38-40k area. I highly doubt we will go much higher than 40k. Be careful, don't laverage the euphoria, instead think of exiting the market as...
This market has been pumping non stop for a couple years now, but it's foundations are just debt and printed money. I hope that the economy doesn't collapse because, well, that wouldn't be too fun, but with an RSI as high as this and a 25%+ gain YTD in the middle of a pandemic, I don't think this can go much further. Let's just hope that Jerome Powell stop's...
In one of my previous posts I was trying to see if we would get a 1987 plunge in the markets. This did not happen, but we did get a fairly standard decline and market correction. The question now is, will the mini bear down move be over and off to new highs? Or do we have something much more sinister in store for us as far as the DJIA. Google gets some blowout...
There a millions of market viewpoints. The nice thing about tradingview is that for the most part the viewpoints are technical in nature. Put simply the technical viewpoint I want to show in the chart here is that the nasdaq composite is under heavy selling pressure. We had a rebound today January 10th, 2022, but it was nothing more than an intraday rebound. ...
Well uh, it's pretty similar so uh, this might not be good.
Hello all, Not a financial advisor, i just trade full-time. I can share some stuff that I look at. TL;DR Look at crosses, touches and space -------------------------------------------------------------------------------------------------------------------- Please also pull up my other idea on $SPX timeframe'd weekly, linked (scroll down to bottom for links...
On the left side of the chart i've compared a chart from 1891 - 1935 to show the similarities between chart back then and todays after the dot-com bubble. The orange chart is not stretch out or anything. It is there to show that when the bubble popped, price did eventually fall below the bottom of the previous sideways range (orange box). In '29 chart also reached...